We are at the crossroads to the potential end of the reflationary relief trades that have been ongoing since March. These relief trades were led most intensely by the slingshot…
An update to provide a view of the cyclical, pro-reflation metal (copper) vs. the counter-cyclical risk 'off' metal (gold), and also the Silver/Gold ratio, which as we know hit our…
Ha ha ha, you can always count on the bugs to take things further than you think they can in any short time period once silver has the bit in…
For comic relief, here is what the gold "community" is putting forth lately. Full froth mode? No, but the "community" is shaking off its recent HGNSI & BPGDM jitters *…
Well, that didn't take long. It appears that the red lateral resistance area will be approached sooner rather than later. It should be a point of caution, whether acted upon…
We've been micro-managing silver lately in NFTRH and NFTRH+ updates and that is for a reason. The reason is that gold's wild little bro has been rallying - in what…
This morning's futures chart (daily) shows silver clearly taking out the minor resistance of the 2019 high. If the breakout is real (i.e. not a bull trap head fake) the…
Note: A reminder that I will be on the road today and tomorrow. So communication will be light at best. I'll be checking email occasionally. Copper (daily) dinged the round…
It appears that the downward market reversal on Monday was another sentiment resetting micro twitch after all. As noted, these happened fairly regularly in 2019. Inflammatory stuff gets in the…
Interesting charts this morning, pre-US open. Let's start with the metal that has been the star lately. That would be the good Doctor Copper. Daily copper took out what I…
Silver is right at the next resistance level we have been noting and that resistance is not very stern. The weekly chart shows it to be but a quick little…
A snapshot of this morning's silver price futures. The 18.90 area has been tested as resistance 4 times previously. The old saying in TA is that the more times resistance…
A subscriber asks for my thoughts on the silver/gold ratio, so why not expand the update to include gold and HUI as well? The subscriber also asked about my thoughts…
In alignment with the still rallying but not yet confirmed macro state of the cyclical inflation/reflation-sensitive copper and other commodities, the indicator that would travel with such conditions is still…